The EEI Analysis, prepared by CRA International, of the Lieberman-Warner legislation is complete. The analysis indicates that there could be an average $1,500 increase in costs per household by 2015 due to soaring electricity costs. The increase in costs, according to the analysis, is due to the switch over from coal to natural gas to generate the majority of the electricity as the country tries to decrease its emission output. In regards to carbon capture and storage technology, the analysis does not believe it would be commercially viable until 2025, at the earliest. That timetable is of course very debatable, as others believe it could be viable by 2020. The hope is that an increase in funding by the government for key CCS demonstration projects will help make the technology commercially available faster.
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